IL Science (Korea) Pattern Recognition Dragonfly Doji

307180 Stock  KRW 3,015  65.00  2.20%   
IL Science pattern recognition tool provides the execution environment for running the Dragonfly Doji recognition and other technical functions against IL Science. IL Science value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Dragonfly Doji recognition function is designed to identify and follow existing trends. IL Science momentum indicators are usually used to generate trading rules based on assumptions that IL Science trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of one valid pattern recognition events for the selected time horizon. The Dragonfly Doji describes IL Science bearish reversal pattern.

IL Science Technical Analysis Modules

Most technical analysis of IL Science help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for 307180 from various momentum indicators to cycle indicators. When you analyze 307180 charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About IL Science Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IL Science Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of IL Science Co based on widely used predictive technical indicators. In general, we focus on analyzing 307180 Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IL Science's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of IL Science's intrinsic value. In addition to deriving basic predictive indicators for IL Science, we also check how macroeconomic factors affect IL Science price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
3,0103,0153,020
Details
Intrinsic
Valuation
LowRealHigh
2,6802,6853,316
Details
Naive
Forecast
LowNextHigh
3,0773,0823,087
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2,8503,1263,402
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as IL Science. Your research has to be compared to or analyzed against IL Science's peers to derive any actionable benefits. When done correctly, IL Science's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in IL Science.

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Latest Portfolios Now

   

Latest Portfolios

Quick portfolio dashboard that showcases your latest portfolios
All  Next Launch Module

IL Science pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IL Science position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IL Science will appreciate offsetting losses from the drop in the long position's value.

IL Science Pair Trading

IL Science Co Pair Trading Analysis

The ability to find closely correlated positions to IL Science could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IL Science when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IL Science - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IL Science Co to buy it.
The correlation of IL Science is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IL Science moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IL Science moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IL Science can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in 307180 Stock

IL Science financial ratios help investors to determine whether 307180 Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 307180 with respect to the benefits of owning IL Science security.